<\/p>\n
THE National Economic and Development Authority (NEDA) expressed hope for a much improved Philippines\u2019 year-end outlook due to good economic indicators as 2023 draws to a close.<\/p>\n
<\/p>\n
<\/p>\n
\u201cSo, for the year, ang expectation namin is we will hit the low end of the target, if not close to it. So, iyong low end of the growth target is a six percent, so either a six or iyon nga\u2014very close to that six percent,\u201d NEDA Undersecretary Rosemarie Edillon said in a news forum in Quezon City on the country\u2019s economic prospects.<\/p>\n
<\/p>\n
<\/p>\n
She explained:\u201cKasi nakita namin maganda rin naman iyong employment number natin, iyon PMI, Purchasing Managers Index, nakita namin na mataas pa rin naman siya. Ano po ito, kasi parang proxy indicator din namin ito sa galawan ng mga business. So, yeah, so we\u2019re actually hopeful about 2023.\u201d<\/p>\n
<\/p>\n
<\/p>\n
\u201cThe good thing about this year is that the country\u2019s various sectors have started to recover from the pandemic,\u201d she said.<\/p>\n
<\/p>\n
<\/p>\n
Among the important sectors that started to gain traction is tourism, which was hit hard by the pandemic, the NEDA official said.<\/p>\n
<\/p>\n
<\/p>\n
\u201cAng kailangan na lang pong maibalik natin talaga iyong international tourism. Domestic tourism, nag-work po iyon ating holiday economics, kaya po mayroon tayo kahapon\u2026So, iyon, \u2018yung kailangan pa nating ibalik,\u201d Edillon explained.<\/p>\n
<\/p>\n
<\/p>\n
\u201cAnd then, nakita rin namin na with respect to government spending, so iyong second quarter was again\u2026 Kasi nakita namin may ano din ito, may parang may learning curved \u2018no, marami kasing mga bago sa gobyerno. Nakita naman natin na third quarter, nakapag-catch up din. So, we are actually hopeful for the rest of the year, but specially going forward,\u201d Edillon said.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
THE National Economic and Development Authority (NEDA) expressed hope for a much improved Philippines’ year-end outlook due to good economic indicators as 2023 draws to<\/p>\n","protected":false},"author":1,"featured_media":554,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,17],"tags":[],"_links":{"self":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/553"}],"collection":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/comments?post=553"}],"version-history":[{"count":0,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/posts\/553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media\/554"}],"wp:attachment":[{"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/media?parent=553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/categories?post=553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journaldailynewsonline.com.ph\/index.php\/wp-json\/wp\/v2\/tags?post=553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}